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Electric Passenger Car-Global Market Insights and Sales Trends 2024
Synopsis
The global Electric Passenger Car market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electric Passenger Car in various end use industries. The expanding demands from the Commute, Tourism, Business and Other, are propelling Electric Passenger Car market. PHEV, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the BEV segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Passenger Car, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Passenger Car market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Passenger Car market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Passenger Car sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Passenger Car covered in this report include Nissan, BMW, Toyota, Ford, GM, Audi, Tesla, Hyundai and Volkswagen, etc.
The global Electric Passenger Car market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nissan
BMW
Toyota
Ford
GM
Audi
Tesla
Hyundai
Volkswagen
Renault
BYD
Global Electric Passenger Car market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Passenger Car market, Segment by Type:
PHEV
BEV
Global Electric Passenger Car market, by Application
Commute
Tourism
Business
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Passenger Car manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Passenger Car in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Electric Passenger Car market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electric Passenger Car in various end use industries. The expanding demands from the Commute, Tourism, Business and Other, are propelling Electric Passenger Car market. PHEV, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the BEV segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Passenger Car, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Passenger Car market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Passenger Car market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Passenger Car sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Passenger Car covered in this report include Nissan, BMW, Toyota, Ford, GM, Audi, Tesla, Hyundai and Volkswagen, etc.
The global Electric Passenger Car market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nissan
BMW
Toyota
Ford
GM
Audi
Tesla
Hyundai
Volkswagen
Renault
BYD
Global Electric Passenger Car market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Passenger Car market, Segment by Type:
PHEV
BEV
Global Electric Passenger Car market, by Application
Commute
Tourism
Business
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Passenger Car manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Passenger Car in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Electric Passenger Car Market Overview
1.1 Electric Passenger Car Product Overview
1.2 Electric Passenger Car Market Segment by Type
1.2.1 PHEV
1.2.2 BEV
1.3 Global Electric Passenger Car Market Size by Type
1.3.1 Global Electric Passenger Car Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Passenger Car Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Passenger Car Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Passenger Car Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Passenger Car Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Passenger Car Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Passenger Car Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Passenger Car Sales Breakdown by Type (2018-2023)
2 Global Electric Passenger Car Market Competition by Company
2.1 Global Top Players by Electric Passenger Car Sales (2018-2023)
2.2 Global Top Players by Electric Passenger Car Revenue (2018-2023)
2.3 Global Top Players by Electric Passenger Car Price (2018-2023)
2.4 Global Top Manufacturers Electric Passenger Car Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Passenger Car Market Competitive Situation and Trends
2.5.1 Electric Passenger Car Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Passenger Car Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Passenger Car as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Passenger Car Market
2.8 Key Manufacturers Electric Passenger Car Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Passenger Car Status and Outlook by Region
3.1 Global Electric Passenger Car Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Passenger Car Historic Market Size by Region
3.2.1 Global Electric Passenger Car Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Passenger Car Sales in Value by Region (2018-2023)
3.2.3 Global Electric Passenger Car Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Passenger Car Forecasted Market Size by Region
3.3.1 Global Electric Passenger Car Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Passenger Car Sales in Value by Region (2024-2029)
3.3.3 Global Electric Passenger Car Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Passenger Car by Application
4.1 Electric Passenger Car Market Segment by Application
4.1.1 Commute
4.1.2 Tourism
4.1.3 Business
4.1.4 Other
4.2 Global Electric Passenger Car Market Size by Application
4.2.1 Global Electric Passenger Car Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Passenger Car Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Passenger Car Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Passenger Car Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Passenger Car Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Passenger Car Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Passenger Car Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Passenger Car Sales Breakdown by Application (2018-2023)
5 North America Electric Passenger Car by Country
5.1 North America Electric Passenger Car Historic Market Size by Country
5.1.1 North America Electric Passenger Car Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Passenger Car Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Passenger Car Sales in Value by Country (2018-2023)
5.2 North America Electric Passenger Car Forecasted Market Size by Country
5.2.1 North America Electric Passenger Car Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Passenger Car Sales in Value by Country (2024-2029)
6 Europe Electric Passenger Car by Country
6.1 Europe Electric Passenger Car Historic Market Size by Country
6.1.1 Europe Electric Passenger Car Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Passenger Car Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Passenger Car Sales in Value by Country (2018-2023)
6.2 Europe Electric Passenger Car Forecasted Market Size by Country
6.2.1 Europe Electric Passenger Car Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Passenger Car Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Passenger Car by Region
7.1 Asia-Pacific Electric Passenger Car Historic Market Size by Region
7.1.1 Asia-Pacific Electric Passenger Car Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Passenger Car Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Passenger Car Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Passenger Car Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Passenger Car Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Passenger Car Sales in Value by Region (2024-2029)
8 Latin America Electric Passenger Car by Country
8.1 Latin America Electric Passenger Car Historic Market Size by Country
8.1.1 Latin America Electric Passenger Car Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Passenger Car Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Passenger Car Sales in Value by Country (2018-2023)
8.2 Latin America Electric Passenger Car Forecasted Market Size by Country
8.2.1 Latin America Electric Passenger Car Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Passenger Car Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Passenger Car by Country
9.1 Middle East and Africa Electric Passenger Car Historic Market Size by Country
9.1.1 Middle East and Africa Electric Passenger Car Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Passenger Car Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Passenger Car Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Passenger Car Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Passenger Car Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Passenger Car Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Nissan
10.1.1 Nissan Company Information
10.1.2 Nissan Introduction and Business Overview
10.1.3 Nissan Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Nissan Electric Passenger Car Products Offered
10.1.5 Nissan Recent Development
10.2 BMW
10.2.1 BMW Company Information
10.2.2 BMW Introduction and Business Overview
10.2.3 BMW Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BMW Electric Passenger Car Products Offered
10.2.5 BMW Recent Development
10.3 Toyota
10.3.1 Toyota Company Information
10.3.2 Toyota Introduction and Business Overview
10.3.3 Toyota Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Toyota Electric Passenger Car Products Offered
10.3.5 Toyota Recent Development
10.4 Ford
10.4.1 Ford Company Information
10.4.2 Ford Introduction and Business Overview
10.4.3 Ford Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ford Electric Passenger Car Products Offered
10.4.5 Ford Recent Development
10.5 GM
10.5.1 GM Company Information
10.5.2 GM Introduction and Business Overview
10.5.3 GM Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.5.4 GM Electric Passenger Car Products Offered
10.5.5 GM Recent Development
10.6 Audi
10.6.1 Audi Company Information
10.6.2 Audi Introduction and Business Overview
10.6.3 Audi Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Audi Electric Passenger Car Products Offered
10.6.5 Audi Recent Development
10.7 Tesla
10.7.1 Tesla Company Information
10.7.2 Tesla Introduction and Business Overview
10.7.3 Tesla Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Tesla Electric Passenger Car Products Offered
10.7.5 Tesla Recent Development
10.8 Hyundai
10.8.1 Hyundai Company Information
10.8.2 Hyundai Introduction and Business Overview
10.8.3 Hyundai Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hyundai Electric Passenger Car Products Offered
10.8.5 Hyundai Recent Development
10.9 Volkswagen
10.9.1 Volkswagen Company Information
10.9.2 Volkswagen Introduction and Business Overview
10.9.3 Volkswagen Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Volkswagen Electric Passenger Car Products Offered
10.9.5 Volkswagen Recent Development
10.10 Renault
10.10.1 Renault Company Information
10.10.2 Renault Introduction and Business Overview
10.10.3 Renault Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Renault Electric Passenger Car Products Offered
10.10.5 Renault Recent Development
10.11 BYD
10.11.1 BYD Company Information
10.11.2 BYD Introduction and Business Overview
10.11.3 BYD Electric Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.11.4 BYD Electric Passenger Car Products Offered
10.11.5 BYD Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Passenger Car Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Passenger Car Industrial Chain Analysis
11.4 Electric Passenger Car Market Dynamics
11.4.1 Electric Passenger Car Industry Trends
11.4.2 Electric Passenger Car Market Drivers
11.4.3 Electric Passenger Car Market Challenges
11.4.4 Electric Passenger Car Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Passenger Car Distributors
12.3 Electric Passenger Car Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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